Contributions to growth in labor productivity, 1973–2008
| 1973–1995 | 1995–2000 | 2000–2008 | |
|---|---|---|---|
| Growth of labor productivity | 1.47% | 2.51% | 2.50% |
| Contributions to growth from capital deepening | 1.05 ppts. | 1.39 ppts. | 1.2 ppts. |
| IT capital deepening | 0.46 | 1.09 | 0.6 |
| Other capital, labor quality and adjustments to multifactor productivity | 0.59 | 0.3 | 0.6 |
| Contributions from multifactor productivity after adjustments | 0.42 | 1.12 | 1.29 |
| IT sectors | 0.28 | 0.75 | 0.45 |
| Other nonfarm business | 0.14 | 0.37 | 0.84 |
Source: Adapted from Oliner and Sichel (2008)